Search found 1323 matches

by TravelforFun
Mon Jul 16, 2018 9:14 am
Forum: Personal Finance (Not Investing)
Topic: How often do you buy a primary residence?
Replies: 46
Views: 3734

Re: How often do you buy a primary residence?

If the new home is 1.05X and the old home is at least 1.08X, the new home has to be less than the old home from a yard size, interior square footage, or amenity basis. Moving to a new home would incur costs that may not be included in your neighbors' calculations: - Home selling (time and money) - M...
by TravelforFun
Sat Jul 14, 2018 6:49 pm
Forum: Investing - Theory, News & General
Topic: Saving 20% of paycheck isn't enough
Replies: 91
Views: 10765

Re: Saving 20% of paycheck isn't enough

so early retirement requires a much higher savings rate. so yes. 10% will not cut it. Said who? I've never saved more than 10% of my income while I was working full time and could retire at 62 ( but I chose to work part time at 62). Your net asset is the result of a combination of things including ...
by TravelforFun
Sat Jul 14, 2018 12:24 pm
Forum: Personal Consumer Issues
Topic: Be Careful Using Mailboxes
Replies: 58
Views: 7210

Re: Be Careful Using Mailboxes

I do everything only including making donations to charities.

TravelforFun
by TravelforFun
Sat Jul 14, 2018 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Would you trade experiences in your youth for early retirement
Replies: 81
Views: 5149

Re: Would you trade experiences in your youth for early retirement

Bought a Mercedes at 30. Biggest financial mistake I've ever made and the experience it gave me was so temporary.

TravelforFun
by TravelforFun
Thu Jul 12, 2018 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Ins. Claim: How do you decide whether to file a claim or pay out of pocket?
Replies: 17
Views: 1085

Re: Auto Ins. Claim: How do you decide whether to file a claim or pay out of pocket?

I would always get the insurance company involved if there is a third party involved. Are you including the situation where you come back to your parked car and discover that somebody backed into the fender and left a small dent? If this happened to me, and the repair cost was less than $1000, ther...
by TravelforFun
Thu Jul 12, 2018 9:08 am
Forum: Personal Consumer Issues
Topic: Classical Guitar Experts, What's the Name of this Song?
Replies: 4
Views: 699

Re: Classical Guitar Experts, What's the Name of this Song?

Thanks folks. I'll look it up.

TravelforFun
by TravelforFun
Wed Jul 11, 2018 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: What rate of return are you using for retirement projections?
Replies: 99
Views: 8877

Re: What rate of return are you using for retirement projections?

Can someone post what returns are needed to support 4% and 5% + inflation adjustment yearly withdrawals? Thanks Then the real return needs to be 4% and 5% for 4% and 5% annual withdrawal (SWR), respectively, in order for your money to last forever. I'm projecting 5% real return and my SWR will be 3...
by TravelforFun
Wed Jul 11, 2018 11:16 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1044
Views: 184565

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

My guess is, like credit card rewards, they will clamp down on this eventually. I mean, to pay out 4 figures and me never make a trade cannot pay off for them. I guess it depends on what the ratio of churners to new customers is. I don't understand why most credit card companies have not gone the A...
by TravelforFun
Wed Jul 11, 2018 11:07 pm
Forum: Personal Consumer Issues
Topic: Classical Guitar Experts, What's the Name of this Song?
Replies: 4
Views: 699

Classical Guitar Experts, What's the Name of this Song?

It starts at 51:50 on this video: https://www.youtube.com/watch?v=H3tnRfKz0fc

Not one of the most famous classical guitar pieces but it has stuck with me for a long time and I've been searching for its name all these years.

TravelforFun
by TravelforFun
Wed Jul 11, 2018 6:55 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1044
Views: 184565

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

Schwab gave us a bonus on our joint brokerage account and a bonus on an IRA account. how much bonus? I already have a joint brokerage there but hold most assets elsewhere. I might be tempted to move IRAs from Vanguard Your bonus will depend upon the amount you move to Schwab. You’ll have to call an...
by TravelforFun
Sun Jul 08, 2018 5:07 pm
Forum: Personal Consumer Issues
Topic: garden hose
Replies: 46
Views: 4686

Re: garden hose

JLJL wrote:
Wed May 18, 2016 1:45 pm
Every time I log on to Bogleheads I end up spending $400 on Amazon. This site is having the opposite intended effect.
Haha ... I almost bought an indoor sauna once.

TravelforFun
by TravelforFun
Sun Jul 08, 2018 11:29 am
Forum: Personal Consumer Issues
Topic: Long Cruises
Replies: 20
Views: 1701

Long Cruises

Who has been on months-long cruises where you visited dozens of cities/countries? How did you like/dislike them?

TravelforFun
by TravelforFun
Sun Jul 08, 2018 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity vs Schwab
Replies: 18
Views: 1892

Re: Fidelity vs Schwab

I have accounts at Fidelity, Schwab, and TDAmeritrade but I'd vote for Schwab because of their Streetsmart Edge software plus the annual golf tournament passes they give me.

TravelforFun
by TravelforFun
Sun Jul 08, 2018 11:03 am
Forum: Investing - Theory, News & General
Topic: Vanguard - What will the real return be for stocks and bonds over the next ten years?
Replies: 46
Views: 5084

Re: Vanguard - What will the real return be for stocks and bonds over the next ten years?

I use 7% to project my net worth because that makes me go 'Wow' when I look at my projected net worth in 10 -15 years. :D

TravelforFun
by TravelforFun
Sun Jul 08, 2018 10:49 am
Forum: Investing - Help with Personal Investments
Topic: HSA account
Replies: 5
Views: 412

Re: HSA account

If you chose the high deductible plan, you would save on the premium, plus income taxes on HSA contributions which are $3,450 (individual) or $6,900 (family) a year. Assuming you're in 22% tax brackets, you would save $759 (individual) or $1,518 (family). Yes I'd go with high deductible plan. Travel...
by TravelforFun
Fri Jul 06, 2018 5:47 pm
Forum: Personal Consumer Issues
Topic: Anyone use Gate 1 Travel?
Replies: 15
Views: 1453

Re: Anyone use Gate 1 Travel?

niceguy7376 wrote:
Fri Jul 06, 2018 5:26 pm
TravelforFun wrote:
Fri Jul 06, 2018 5:09 pm
Nothing to write home about.
Does this mean that it is a negative feedback on them?
Nope. The one tour we took with Gate 1 (Greece) was just average, nothing stood out. Of course, the price we paid for was average as well.

TravelforFun
by TravelforFun
Fri Jul 06, 2018 5:19 pm
Forum: Personal Consumer Issues
Topic: Going solar?
Replies: 73
Views: 5468

Re: Going solar?

I got two bids on the solar panels for my home and determined I would take me about 12 years to break even, and so I decided to wait another year or two.

TravelforFun
by TravelforFun
Fri Jul 06, 2018 5:09 pm
Forum: Personal Consumer Issues
Topic: Anyone use Gate 1 Travel?
Replies: 15
Views: 1453

Re: Anyone use Gate 1 Travel?

I used them in 2016, a trip to Shanghai followed by a cruise to Korea and Japan. Nothing to write home about.

TravelforFun
by TravelforFun
Fri Jul 06, 2018 4:54 pm
Forum: Personal Consumer Issues
Topic: Anyone Tried Costco Travel Packages?
Replies: 31
Views: 3421

Re: Anyone Tried Costco Travel Packages?

I buy Costco travel packages every year. They have quality packages, fair prices, and excellent customer service.

TravelforFun
by TravelforFun
Thu Jul 05, 2018 7:10 pm
Forum: Investing - Theory, News & General
Topic: There will be a recession and market downturn
Replies: 58
Views: 3212

Re: There will be a recession and market downturn

Since the Great Depression the longest period between recessions was 10 years (1991-2001). It's been 9 years since the end of the last recession, so I don't think it takes great predictive abilities to say that another one at some point in the next 10 years is quite likely. Then, why all those thre...
by TravelforFun
Thu Jul 05, 2018 6:56 pm
Forum: Personal Consumer Issues
Topic: Tipping at non sit down places
Replies: 94
Views: 7795

Re: Tipping at non sit down places

We should tip more whether we eat in, take out, or get deliveries. A few extra dollars don't mean much to bogleheads but mean a heck of a lot to the workers. The time to save is when you negotiate big ticket items, the interest rates on your car or home loans, invest in lower-fee funds, negotiate tr...
by TravelforFun
Thu Jul 05, 2018 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: Do you count pension contributions as a portion of your overall retirement contributions.
Replies: 47
Views: 3504

Re: Do you count pension contributions as a portion of your overall retirement contributions.

Elbukari wrote:
Thu Jul 05, 2018 10:50 am
Why exactly would one not count employer contribution as part of the, for example- recommended 15% savings?
Because some people leave the company before they're fully vested.

TravelforFun
by TravelforFun
Wed Jul 04, 2018 11:52 am
Forum: Investing - Theory, News & General
Topic: SS taken at 62 vs. 70, but measured from 70+
Replies: 189
Views: 11038

Re: SS taken at 62 vs. 70, but measured from 70+

Using the OP's numbers: SS benefits at 62: $1,800 a month or $21,600 a year. That means SS benefits at 70: $3,168 a month or $38,016 a year. I look at the calculus this way: Say there are two guys each is 62 years old, has $1million, needs $38,016 a year to live on, and their investments keep up wit...
by TravelforFun
Wed Jul 04, 2018 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Destination - are you happy with your choice?
Replies: 127
Views: 15173

Re: Retirement Destination - are you happy with your choice?

I suppose Meme , the OP, was referring to US destinations. Here’s a vote for across the pond. It’s not for everybody (I do believe past threads have borne that out!), but we are very happy with our Southern European retirement destination. Pointing to what a number of respondents have already empha...
by TravelforFun
Tue Jul 03, 2018 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Filing Restricted SS Application - Language Check
Replies: 40
Views: 3506

Re: Filing Restricted SS Application - Language Check

If, as reported in this thread, some but not majority of applicants experienced clarifying what there applications were for, resulting in benefits not intended. I am astonished why is the SS administration not having separate application forms, one based on his or her records and the other one base...
by TravelforFun
Sun Jul 01, 2018 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Filing Restricted SS Application - Language Check
Replies: 40
Views: 3506

Re: Filing Restricted SS Application - Language Check

So I reach my FRA on July 27th, 2018. My wife is now receiving social security that she took at 66. I am still working getting over 145K per year. I was planning to file online on about Aug6th to get my SIB. My question is - there should be no issue with me filing in August against my wifes' Social...
by TravelforFun
Sun Jul 01, 2018 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Applying for Social Security Online
Replies: 29
Views: 2961

Re: Applying for Social Security Online

DW applied online about 2 weeks ago for SS to begin in June. Application was easy and it seems to be chugging through the bureaucracy. So far, so good. UPDATE: Checked and DW completed the online application for SS on 6/11/2018. She checked on the status of her application today. Found it was appro...
by TravelforFun
Sun Jul 01, 2018 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: What discount rate should be used when determining the optimum social security claiming strategy?
Replies: 11
Views: 521

Re: What discount rate should be used when determining the optimum social security claiming strategy?

I think most people here shoot for 3-5% real return...and thats over a very long period of time with volatility. Your social security benefit is guaranteed to increase 8% per year delayed up to age 70. I think it's highly unlikely you'll find a better deal than waiting assuming you don't need the m...
by TravelforFun
Sun Jul 01, 2018 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: What % of your equity is int’l?
Replies: 141
Views: 7708

Re: What % of your equity is int’l?

My only International exposure is the Alibaba stock which is 2% of my net worth.

TravelforFun
by TravelforFun
Sun Jul 01, 2018 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 212
Views: 12854

Re: What are your property taxes?

Not a meaningful survey. We all pay for services provided by the state and the city in the form of taxes. States that don't have state income taxes would get that revenue by having high sales taxes and or property taxes.

TravelforFun
by TravelforFun
Fri Jun 29, 2018 4:37 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody Investing with 'Betterment'?
Replies: 15
Views: 1444

Re: Anybody Investing with 'Betterment'?

Is the goal of moving the cash to get the miles? Or, were you going to make this move regardless? If the goal is miles: I'd just apply for a credit card directly with Citi (and get more miles than 30k that way, anyway). If I already had previous AA cards with Citi, I'd barter for a 9-digit mailer f...
by TravelforFun
Fri Jun 29, 2018 4:33 pm
Forum: Personal Consumer Issues
Topic: speakers in ceiling - repair needed
Replies: 7
Views: 566

Re: speakers in ceiling - repair needed

Remove speakers that don't work, hook up speakers that work in their places and see if they work. If they work, you have some bad speakers. If they don't work, you have bad wires or wiring connections.

TravelforFun
by TravelforFun
Fri Jun 29, 2018 4:17 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody Investing with 'Betterment'?
Replies: 15
Views: 1444

Anybody Investing with 'Betterment'?

'Betterment' is offering 30,000 AA miles if you open an account with them and put in $100K. If you have an account there, what are the pros and cons?

TravelforFun
by TravelforFun
Fri Jun 29, 2018 1:23 pm
Forum: Personal Consumer Issues
Topic: Online backup service for a few TB's of data and a 2nd computer with a small amount of data
Replies: 50
Views: 2050

Re: Online backup service for a few TB's of data and a 2nd computer with a small amount of data

I meant local backup. I was wondering why OP needs off site back up. House burns down, local backup and computer are both in the house. The End. I use an external drive to back up my files including videos and photos from my home computer every day, then it's put in my brief case which I take to wo...
by TravelforFun
Fri Jun 29, 2018 12:57 pm
Forum: Personal Consumer Issues
Topic: Online backup service for a few TB's of data and a 2nd computer with a small amount of data
Replies: 50
Views: 2050

Re: Online backup service for a few TB's of data and a 2nd computer with a small amount of data

I meant local backup. I was wondering why OP needs off site back up. House burns down, local backup and computer are both in the house. The End. I use an external drive to back up my files including videos and photos from my home computer every day, then it's put in my brief case which I take to wo...
by TravelforFun
Fri Jun 29, 2018 11:18 am
Forum: Investing - Help with Personal Investments
Topic: Using the Total Bond Fund in a rising rate environment
Replies: 72
Views: 8629

Re: Using the Total Bond Fund in a rising rate environment

It's unusual for plan admin to give financial advice but having said that, it's appropriate to rethink your bond allocation especially since the Fed has announced they would have two more interest rate increases this year. I've moved some of my bond holding to 1-year brokered CD (2.3% rate) and will...
by TravelforFun
Thu Jun 28, 2018 11:19 am
Forum: Personal Consumer Issues
Topic: Airbnb - cleaning fee, service fee, occupancy fee....???
Replies: 71
Views: 5312

Re: Airbnb - cleaning fee, service fee, occupancy fee....???

If it's just the two of us, we stay in a hotel. If with family, hotel is not an option. Airbnb and Vrbo have so many properties and the free market controls the rates. A property can add all the fees it wants but can it compete with one a few houses away?

TravelforFun
by TravelforFun
Thu Jun 28, 2018 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Retire at 55, what's the magic number
Replies: 169
Views: 22207

Re: Retire at 55, what's the magic number

If I were you, I would need 15 times annual expenses to cover me from ages 55 to 70 plus 33 times (annual expenses - annual SS benefits) to cover rest of my life. I'd never have to worry cutting back on expenses.

TravelforFun
by TravelforFun
Wed Jun 27, 2018 10:15 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1934
Views: 349780

Re: What are you up YTD? [Year To Date]

Up 7.9% to date. At one point this year, I was up near 13%. Portfolio includes a mixture of individual stocks, stock and nob mutual funds, and money market.

TravelforFun
by TravelforFun
Tue Jun 26, 2018 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: Stocks vs. rental property
Replies: 101
Views: 9734

Re: Stocks vs. rental property

I vote for stocks. Takes less work than real estate and usually outperforms over the long term. I vote for stocks too just because I know nothing about real estate including house flipping or home rental. My last real estate experience happened 25 years ago when I bought my house. Our friends own 1...
by TravelforFun
Mon Jun 25, 2018 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: How much of your taxable holdings is unrealized capital gains?
Replies: 58
Views: 5019

Re: How much of your taxable holdings is unrealized capital gains?

As a 55-year-old early retiree, my taxable holdings are tilted toward bonds (bond funds). Can you explain this strategy? My taxable is 100% stocks and my tax-defered accounts have some bonds. Since gains in taxable are taxed at a usually lower rate than tax-deferred, I want my taxable to be more ag...
by TravelforFun
Mon Jun 25, 2018 11:40 am
Forum: Personal Consumer Issues
Topic: Is this solar panel bid reasonable?
Replies: 59
Views: 4712

Re: Is this solar panel bid reasonable?

I just got two quotes for my home and they were both around $3.80 per Kw. $38,000 before tax credit for 10,000 Kw system. Warranty for panels is 25 years and the system would pay for itself after 5 years. No electricity cost after that. My roof is one-year old and should last another 25 years. I may...
by TravelforFun
Mon Jun 25, 2018 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Settling Consumer Debt
Replies: 30
Views: 1649

Re: Settling Consumer Debt

30 cents on a dollar is not bad but make sure you get the offer in writing and if you agree with the written offer, send them a cashier check. Don't give them your credit card number or bank info.

TravelforFun
by TravelforFun
Mon Jun 25, 2018 11:12 am
Forum: Investing - Help with Personal Investments
Topic: Why not go 100% stocks?
Replies: 116
Views: 11440

Re: Why not go 100% stocks?

Sure. Go 100% stock if you:

- Don't need that money for 20-30 years
- Can still sleep well after your portfolio drops 20% in one day or 50% in one year then stay flat for a few years

I was 100% equity when I was in my 30s and 40s and came out fine.

TravelforFun
by TravelforFun
Mon Jun 25, 2018 11:06 am
Forum: Personal Consumer Issues
Topic: How to spend it all
Replies: 14
Views: 2108

Re: How to spend it all

tennisplyr wrote:
Mon Jun 25, 2018 7:29 am
What is the rough withdrawal rate for someone who wants to leave nothing behind when they pass. Let's say the people are currently in their late 60s, retired with an AA of 50/50. I'm guessing about 5-7% might get you there.
I would get a COLA annuity.

TravelforFun
by TravelforFun
Mon Jun 25, 2018 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Applying for Social Security Online
Replies: 29
Views: 2961

Re: Applying for Social Security Online

OP, I'll echo your good experience - I did the same online, and got my first payment this week too. I was prepared for the worst, but it went smooth as silk for me: Applied online Dec 6 Got email confirmation of application Dec 7, which also told me which office was working on my application Got fi...
by TravelforFun
Sun Jun 24, 2018 6:33 pm
Forum: Investing - Help with Personal Investments
Topic: Hitting your number---Now What?
Replies: 19
Views: 2979

Re: Hitting your number---Now What?

I hit my number three years ago and promptly went part time, put 10 years of annual expenses in bonds and CDs, and have been enjoying my semii-retired life ever since. Waiting to get my first SS spousal benefit check next month and my delayed SS benefits in 4 years. My 'number' allows me a 3% SWR. T...
by TravelforFun
Sat Jun 23, 2018 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: AARP: 10 Commandments [of Money, by Allan Roth]
Replies: 19
Views: 2700

Re: AARP: 10 Commandments [of Money, by Allan Roth]

'III. Thou shalt remember there is no such thing as a free lunch.'

I've been to many nice and free lunches and dinners and haven't been reeled in yet. They're great opportunities to learn and exchange ideas.

TravelforFun
by TravelforFun
Fri Jun 22, 2018 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: I think I am in trouble...way behind where I should be
Replies: 22
Views: 2485

Re: I think I am in trouble...way behind where I should be

OP, the main obstacle to your achieving a comfortable retirement is your lifestyle. If you could live on half of your income and put $150K a year into a variety of 401K, backdoor Roth, HSA ( if eligible) and taxable, if wouldn't take you long to build up a substantial net worth. Do a monthly budget ...
by TravelforFun
Wed Jun 20, 2018 6:49 pm
Forum: Investing - Theory, News & General
Topic: Is technology the reason for low inflation?
Replies: 57
Views: 3315

Re: Is technology the reason for low inflation?

Has anyone mentioned college cost? Technology sure hasn't helped it.

TravelforFun